Reply #9: spike in NPF [View All]

[UpInArms]

U.S. July payrolls rise 207,000

http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38569.3543228935-840048614&siteID=mktw&scid=0&doctype=806&

WASHINGTON (MarketWatch) - Hiring stepped up in the United States in July as 207,000 jobs were added to nonfarm payrolls, the Labor Department said Friday. The unemployment rate remained at 5%, the lowest in 47 months. Job growth was slightly stronger than the 183,000 expected. Payrolls in May and June were revised higher by a cumulative 42,000. Average hourly earnings rose by 6 cents, or 0.4%, to $16.13. It was the biggest gain in hourly earnings in a year. 2.7% in the past year, just ahead of the 2.5% inflation rate. The average workweek was steady at 33.7 hours in July, as expected. Service-producing jobs rose by 203,000, including 50,000 in retail, the most in more than five years. Factory jobs fell 4,000.

Will look for the report - wonder how many were birth/death related?